Overview
What is Valley Center High School Foundation?
The Valley Center High School Foundation is a dedicated nonprofit organization situated in Valley Center, California. Its primary objective is to amass funds for a variety of high school extracurricular activities and sports programs within the region. By engaging in strategic and successful fundraising initiatives, the foundation seeks to bolster and enrich these programs, ultimately benefiting the students and community as a whole.
What are the reviews and ratings of this charity?
Charity Navigator Rating: Needs Improvement
Overall, the Valley Center High School Foundation has received a Two-Star out of Four Star rating, with an overall score of 67%. This rating indicates that while the organization performs adequately in certain areas, there are significant aspects that require attention, particularly concerning transparency and governance.
One of the foundation's strengths is its high program expense ratio of 94.26%, reflecting a strong commitment to directing funds towards its programs rather than administrative costs. Additionally, the foundation has established policies for conflict of interest and document retention, which are positive indicators of governance practices. However, the board's low percentage of independent members (33%) raises concerns about decision-making processes and accountability.
The foundation faces notable challenges, particularly in financial transparency, as it has not provided financial statements. This lack of documentation impacts its overall score and raises questions about its financial oversight. Furthermore, the absence of a whistleblower policy and a missing website listing on the tax form are additional areas needing improvement to enhance accountability and public trust.
This AI summary has been generated from information found on Charity Navigator.
Is Valley Center High School Foundation legitimate?
Valley Center High School Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Valley Center High School Foundation submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
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Executive Compensation: $0
Professional Fundraising Fees: $0
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What is the mission statement of Valley Center High School Foundation?
The Valley Center High School Foundation's mission, as stated, is centered around supporting and enhancing various high school activities and sports programs. They accomplish this goal through diligent fundraising efforts, aiming to provide these programs with the necessary resources to thrive. By doing so, the foundation seeks to contribute positively to the educational and extracurricular experiences of the students involved.
Who is the CEO of Valley Center High School Foundation?
Mike Tarantino is the President of Valley Center High School Foundation.
What is the revenue of Valley Center High School Foundation?
Valley Center High School Foundation's revenue in 2023 was $511,817.
Who are the executives of Valley Center High School Foundation and what are their salaries?
There 95 volunteers at Valley Center High School Foundation.
Here are 9 key members and their salaries:
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Where can I find the form 990 for Valley Center High School Foundation?
Valley Center High School Foundation's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of Valley Center High School Foundation
The Valley Center High School Foundation, a nonprofit organization, is dedicated to raising funds for various high school activities and sports programs in Valley Center. Its primary mission is to support and strengthen these initiatives by implementing strategic fundraising efforts. By doing so, the foundation aims to enrich the educational experience of the students and foster a vibrant and engaging school community.
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Impact
July, 2024
Valley Center High School Foundation's impact can be seen in the significant support and enhancement it provides to various high school activities and sports programs in Valley Center, CA. Through its effective fundraising efforts, the foundation plays a crucial role in ensuring the success and sustainability of these programs. By raising funds, the foundation enables students to participate in a wide range of enriching activities and athletic opportunities, fostering their personal growth and overall high school experience.
This information is meant to be a general summary of Valley Center High School Foundation. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2023.
- Investment Income: $36,534
- Gross Receipts: $511,817
Assets and Liabilities:
- Total Assets: $773,333
- Total Liabilities: $0
- Net Assets: $773,333
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Organization Details
Founding Year
2000
Phone
(760) 751-1011Principal Officer
Mike Tarantino
Main Address
PO BOX 1029, VALLEY CENTER, CA, 92082
NTEE Category
Code: Z99Z - Unknown
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